Cryptocurrency Market Sees Sharp Decline

According to the latest data, the cryptocurrency market is undergoing significant volatility, with the total market cap dropping below $3 trillion, currently at $2.959 trillion. The 24-hour decline stands at 4.8%.

Bitcoin Dominates the Market

Bitcoin currently holds a market value of $1.69 trillion, demonstrating its dominance with a market share of 57.04%. This highlights its position as the leading cryptocurrency asset.

Trading Activity Analysis

Despite the downturn, the 24-hour trading volume remains high at $171.6744 billion, indicating continued investor engagement.

  • Total cryptocurrency market cap: $2.959 trillion
  • 24-hour decline: 4.8%
  • Bitcoin market cap: $1.69 trillion
  • 24-hour trading volume: $171.6744 billion